Mini Research Project Proposal Example | Topics and Well Written Essays - 1000 words

Mini Project - Research Proposal Example When the world real Gross Domestic Product was having a howling dread, the GDP of China was pretty much sturdily moving upward in an open contrast (Easterly, 2011). The underlying research project aims to spotlight the off budget fiscal activity and the effectiveness of the emergency fiscal policies implemented by the Chinese government by making use of the IMF’s published augmented fiscal data. Data were originally augmented by adding the general statistical output up with the off budget fiscal data. Though, this is a secondary research including the subjective approach by analyzing a number of theoretical sources to make a solid and theoretical inference so far. However the augmentation in the fiscal data is an aid to understand the underlying course of activity rather to replace the general purpose government released statistics. It was not possible to draw the judgments by using each and every part of the published augmented data; hence here I am going to exclude some of t he figures to reduce the complexity and intricacy i.e., policy banks fiscal activity data, ministry of railway net borrowing etc. In the period of the world economic crisis, local government aimed to implement several plans to reduce the impacts. Out of the most prominent activity, the most observable can be reported as the infrastructure investments to support and boost up the economic development in the country. It remained a popularized countercyclical tool to foster the internal developmental course. This developmental spending was categorized as an off budget expenditure and managed through the sales of the government inland property or Local Government’s Finance Vehicle borrowings so far internally. Thus IMF introduced the concept of augmentation in order to measure the impact of the budgeted and off budgeted fiscal activity within the economy. Without complementary augmented data, it is quite thorny to analyze the total effect and stimulus towards the tradeoff to the crisis.

Contingency Theory and Global Leadership Essay Example | Topics and Well Written Essays - 1000 words

Contingency Theory and Global Leadership - Essay Example Since, parties in a global market come from diverse backgrounds, global leaders have challenges in assessing the diverse demands of the parties (The Leadership Trust, 2008). Indeed, every cultural group has different demands. Moreover, the existence of boundaries between geographies and markets derives complexities in assessing the demands of parties in different geographies since there are no universal demands that apply to all geographies (The Leadership Trust, 2008). The rapid global impact of unforeseen events poses a great challenge to the global leaders since they cannot predict the occurrence and the effects of such events on the demand and thus assessing the demands of a situation given a global role. A global leader will also encounter challenges that emanate from social, economic, and political change. The global leader will also face the challenge of developing a creative approach in assessing the demand and implementing the solutions to various problems in the global mark et. Furthermore, lack of inspiring visions that can apply across cultural and organizational boundaries without losing meaning is also a challenge in assessing demands of a situation given a global role (The Leadership Trust, 2008). ... Developing self-reflective leadership, effective conflict resolution, and adopting diversity in the management and assessing demand will resolve the problems associated with assessing demand in a global situation. Moreover, the practice of creating global ethics and global strategies that will be flexible to multicultural differences will be very fundamental in this case (O’Brien, 2009). The creation of a vision and strategy as well as systems that managers can manage would play a significant role in resolving the above named problems. Furthermore, the presence of a Global Leadership and Public Policy as well the focus on organization and teamwork would help in addressing the challenges related to assessing demand in a global situation. Indeed, we can adopt the leadership theories to develop an organizational design that would relate to the global challenges in this context. A practice that relates to the situational variables and establishing an organization with internal fea tures that matches the demands of the diverse environments will help in assessing the demands in a global situation. The contingency theory asserts that there is no one best way to organize and that any way of organizing is not equally effective. The Contingency Theory asserts that a global leader must match their leadership style with the situational demands (Northouse, 2012). Ideally, the contingency theory confirms that no leadership style suits all situations and that specific variable like the dynamics of the situation, leadership style, and characteristics of the followers define the success of any leadership style. Personally, I experienced this when our marketing manager used contingency theory in a global role